811 Franklin Ave Sesser, IL 62884
This exceptional value-add opportunity presents a 8,125-square-foot vacant storefront located at 811 E Franklin Ave, Sesser, IL 62884. Formerly occupied by Dollar General, this single-story building, constructed in 1998, sits on a 0.74-acre lot and boasts 28 parking spaces. The property features a recently installed new roof and is situated on a main retail corridor, benefiting from high visibility and proximity to other established businesses including a new Dollar General location, demonstrating the area's strong retail potential. Neighboring businesses include Anchor Grille, Jeffrey Minor Dentistry, and Debutante Beauty Salon. The property's strategic location near Rend Lake and Rend Lake College (enrollment 2,017 students in 2022-2023) ensures consistent traffic and a diverse customer base. The asking price is $250,000, representing $30.77 per square foot. The property is zoned commercial and offers significant potential for lease income generation exceeding current market rates. The building's excellent condition and prime location make it an ideal investment for savvy buyers seeking a strong return on investment. The property is offered fee simple with APN 0113283004. The previous tenant, Dollar General, occupied the space for an extended period, renewing their lease multiple times before relocating to a larger space nearby, highlighting the area's retail viability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.